NOT LISTED FOR SALE

8510 Olive Lake Ct West Olive, MI 49460

Olive Township Neighborhood

Estimated Value: $393,000 - $463,000

0.47 Acre
$894,843 Price per Acre
20,473 Sq Ft Lot

Last Sold October 25, 2019

Last sale price $65,000

Est. 547% increase in value since last sale

Current estimated payment $2,675/month

16 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Level Lot
  • Quincy Elementary School Rated A-

About This Lot

As of October 2019

This is your chance to build your dream home on beautiful Olive Lake! This waterfront lot features the 2nd most water frontage in Olive Lake Estates and is the 2nd largest lot at just under 1/2 an acre! You will love the quiet, country setting on this private 14 acre lake with only small motors allowed. The association has its own private sewer system and each lot has its own well. Located in the award winning Zeeland School District and close to Holland, Zeeland or Grand Haven. In this case we really did save the best for last. Don't miss your chance to get one of the last lots left on the lake!

Last Agent to Sell the Property

Ben Iwema

Five Star Real Estate (Grandv) License #6501389785 Listed on: 08/13/2019

Five Star Real Estate (Grandv)

Last Buyer's Agent

Becky Pollack

Five Star Real Estate-Holland License #6506048201

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,329

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 103 x 175 x 123 x 125
  • Private Waterfront
  • 123 Feet of Waterfront
  • Level Lot
  • Cleared Lot

Utilities

  • Cable TV Available

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include sewer, snow removal

Recreation

  • Deeded Waterfront Access Rights

Property Details

Property Type

Land

Est. Annual Taxes

$1,329

Lot Details

0

Listing Details

  • Property Sub-Type: Lot
  • Property Type: Land
  • ResoPropertyType: Land
  • General Property Info:Lot Dimensions: 103 x 175 x 123 x 125
  • General Property Info:Waterfront3: Yes
  • Tax Info:Annual Property Tax: 1329.0
  • Waterfront Options:Water Access YN: Yes
  • Lot Description:Level: Yes
  • General Property Info:Property Sub-Type2: Lot
  • Lot Description:Cleared: Yes
  • Waterfront Options:Water Frontage3: 123.0
  • Util Avail at Street Electricity Available: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Sewer Public Sewer2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • List Price: 65000.0
  • Lot Features: Level, Buildable, Cleared
  • Water Body Name: Private Lake
  • Waterfront Features: Lake
  • Waterfront: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, None

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Water Fea Amenities:Private Frontage: Yes
  • Water Fea Amenities:Deeded Access: Yes
  • Water Fea Amenities:Assoc Access: Yes

Fee Information

  • Association Fee Includes: Sewer, Snow Removal

Lot Info

  • Lot Size Acres: 0.47
  • Lot Size Area: 0.47
  • Lot Dimensions: 103 x 175 x 123 x 125
  • Lot Size Sq Ft: 20473.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1329.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2019
Closed on
Oct 25, 2019
Sold by
Lance Grassmid
Bought by
Steinke Jacqualyn A
Seller's Agent
Ben Iwema
Five Star Real Estate (Grandv)
Buyer's Agent
Becky Pollack
Five Star Real Estate-Holland
List Price
$65,000
Sold Price
$65,000
Current Estimated Value
$420,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,576
Avg. Annual Appreciation
36.99%
Original Mortgage
$221,600
Interest Rate
3.7%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 18, 2018
Sold by
Grassmid Lindsay
Bought by
Grassmind Lance

Purchase Details

Closed on
Oct 21, 2016
Sold by
Olive Lake Estates Llc
Bought by
Grassmid Lance and Grassmid Lindsay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Steinke Jacqualyn A $65,000 Chicago Title Of Mi Inc
Grassmind Lance -- None Available
Grassmid Lance $53,900 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steinke Jacqualyn $223,750
Closed Steinke Jacqualyn A $221,600
Previous Owner Grassmid Lance $37,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2019 10/25/19 Sold $65,000 0.0% --
08/29/2019 08/29/19 Pending -- -- --
08/13/2019 08/13/19 For Sale $65,000 -- --
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,654 $195,900 $0 $0
2024 $3,283 $173,800 $0 $0
2023 $4,210 $159,500 $0 $0
2022 $2,977 $148,000 $0 $0
2021 $4,367 $140,800 $0 $0
2020 $2,742 $68,300 $0 $0
2019 $1,416 $32,900 $0 $0
2018 $1,364 $27,500 $0 $0
2017 $1,329 $27,500 $0 $0
2016 -- $27,500 $0 $0
2015 -- $26,100 $0 $0
2014 -- $27,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ben Iwema

    Seller's Agent in 2019

    Ben Iwema

    Five Star Real Estate (Grandv)

    (616) 822-4388

    155 Total Sales

    Ben Iwema
    Section Image
  • Becky Pollack

    Buyer's Agent in 2019

    Becky Pollack

    Five Star Real Estate-Holland

    (616) 302-7692

    74 Total Sales

    Becky Pollack
    Section Image
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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 19038946

Southwestern Michigan Association of REALTORS®

APN: 70-12-10-176-016

Michigan Ottawa County West Olive 49460 Olive Township

8510 Olive Lake Ct, West Olive, MI

This home is located at 8510 Olive Lake Ct, West Olive, MI 49460 since 13 August 2019 and is currently estimated at $420,576. 8510 Olive Lake Ct is a home located in Ottawa County with nearby schools including Quincy Elementary School, Creekside Middle School, and Zeeland West High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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